IAG: UBS maintains buy rating, raises target price

(CercleFinance.com) - UBS has reiterated its "buy" rating on the IAG (International Airlines Group) share, having increased its corresponding target price from 215p to 285p, which represents upside potential of 32% for the airline's share price (parent company of British Airways and Iberia).


"We continue to think IAG is well positioned for traffic recovery with the potential for the N Atlantic to open up sooner to the UK than other areas," the broker summarised.


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